What You Should Know: – Clinical trials technology company Medidata has acquired the digital biomarker business of MC10. – MC10’s offerings will bring novel clinical analytics and biosensor capabilities to Medidata’s existing technology solutions, enhancing Medidata’s capabilities to integrate data from wearable sensors – including… Read More »Medidata Acquires Digital Biomarker Business of MC10 / Clinical Trials & Wearable Sensors
Michael A Greely, Co-Founder & General Partner at Flare Capital Partners This will be ugly and sad. Racism has cost this country $16 trillion over the last twenty years according to a recent Citigroup report. Much of this loss ($13 trillion) was attributed to discriminatory lending… Read More »COVID-19 Pandemic Further Exposes Systemic Racism…
After Teladoc and Livongo merge, several of the company’s top executives, including CEO Zane Burke and President Dr. Jennifer Schneider, will leave the combined company, according to a recent filing.
What You Should Know: – Intermountain Healthcare and Sanford Health sign a letter of intent to merge that will created a combined health system employing more than 89k people at 70 hospitals and 435 clinics across seven states. Intermountain Healthcare and Sanford Health, one of… Read More »Intermountain, Sanford Health Signs Intent to Merge
What You Should Know: – The World Health Organization (WHO) and the Wikimedia Foundation forms collaboration to expand public access to reliable, trusted information about COVID-19. – The collaboration is part of a shared commitment from both organizations to ensure everyone has access to critical… Read More »WHO, Wikipedia Expands Public Access to Trusted Info About COVID-19
What You Should Know: – New Mayo Clinic study reveals strong correlations were found between keyword searches on the internet search engine Google Trends and COVID-19 outbreaks in parts of the U.S. – The Mayo Clinic study searched for 10 keywords that were chosen based on how… Read More »10 Google Search Terms Can Help Experts Predict COVID-19 Hot Spots
The Los Angeles-based startup received a breakthrough device designation from the FDA for using VR to manage chronic pain. It recently published the results of a 92-person virtual trial testing VR for pain management at home.
Sheba ARC Innovation Center What You Should Know: – Holy Name Medical Center based in New Jersey and Israel’s Sheba Medical Center, the largest medical center in the Middle East announced a strategic partnership to develop digital health and telehealth solutions, The Times of Israel… Read More »Holy Name, Sheba Medical Center Partner to Develop Digital Health Solutions
What You Should Know: – Scopio Labs announced FDA clearance of its AI-powered X100 microscope and decision support system with Full Field Peripheral Blood Smear (Full Field PBS) application. – Using advanced computational photography imaging and tailored AI tools, Full Field PBS gives clinical laboratories an… Read More »FDA Clears First-in-World Hematology App, Unlocking Potential of Diagnosis
Novartis is opening a new digital health innovation hub in Canada to help develop “scalable, digital solutions” for patients and healthcare providers. The Canadian Biome Digital Innovation Hub will be based in Montreal at the artificial intelligence research institute, Mila. The institute formed a strategic… Read More »Novartis launches digital health hub in Canada
What You Should Know: – Cohere Health partners with health insurer Humana to modernize the prior authorization process for musculoskeletal treatment across 12 states. – In addition, the company has closed an additional $10M in funding led by Flare Capital Partners and Define Venture, bringing… Read More »Humana Taps Cohere Health to Modernize Prior Authorizations for Musculoskeletal Treatment
What You Should Know: – FDA awards AppliedVR Breakthrough Device designation for treating treatment-resistant fibromyalgia and chronic intractable lower back pain – AppliedVR’s EaseVRx program helps patients learn self-management skills grounded in evidence-based cognitive-behavioral therapy (CBT) principles and other behavioral methods. AppliedVR, a pioneer advancing… Read More »FDA Grants AppliedVR Breakthrough Designation for Virtual Reality Chronic Pain Treatment
What You Should Know: – Stryker launches the industry’s first and only completely wireless hospital bed, ProCuity that can connect seamlessly to any nurse call system for every acuity level. – ProCuity Bed Series designed to enhance patient and caregiver safety for all acuity levels, reduce… Read More »Stryker Launches First Completely Wireless Hospital Bed for Patient Safety
What You Should Know: – Babyscripts today announced a commercial partnership with Roche Diagnostics, a division of the world’s largest biotech company and a global pioneer in pharmaceuticals and diagnostics. – Roche will partner with Babyscripts on the development of Babyscripts’ remote patient monitoring (RPM) programs to leverage… Read More »Babyscripts Forms Commercial Partnership with Roche to Develop RPM Programs for Pregnancy
What You Should Know: – The U.S. government’s Joint Pathology Center, which houses the world’s largest human tissue repository, today announced that Proscia, a leading digital and AI pathology company, will provide end-to-end modernization of JPC’s pathology operations. – The multi-phase project will digitize the… Read More »JPC Taps Proscia to Modernize World’s Largest Human Tissue Repository
What You Should Know: – Today, Blue Cross and Blue Shield of North Carolina partners with Carrot Inc. and Virta Health to help address two of the largest ongoing health issues facing Americans today – smoking and type 2 diabetes. – Virta and Carrot’s programs… Read More »Blue Cross NC Launches No-Cost Virtual Programs to Quit Smoking and Reverse Diabetes
What You Should Know: – Today, FundamentalVR, global pioneers in immersive VR surgical skills training and skills data analytics, announced the expansion of its surgical specialty capabilities with the addition of ophthalmology. The new capabilities allow it to support medical device and life science companies… Read More »FundamentalVR Expands VR Surgical Capabilities to Ophthalmology
What You Should Know: – 3M and Eko team up to launch 3M Littmann® CORE Digital Stethoscope to deliver a game-changing tool for clinicians as they assess, diagnose, and monitor their patients. – The new 3M Littmann CORE Digital Stethoscope offers clinicians access to both… Read More »3M and Eko Launches 3M Littmann® CORE Digital Stethoscope for Clinicians
Kelly Patrick, Principal Analyst at Signify Research Without a doubt 2020 has been a devastating year for many; the impact of COVID-19 on both personal lives and businesses has had long-term consequences. At the end of September, the number of COVID-19 cases fell just short… Read More »The Future of the ICU? How Clinical Decision Support Is Advancing Care
Regular fliers are used to long queues to clear security – but a rigorous COVID-19 testing regime could be added to pre-flight checks backed by a digital “health passport” to prove passengers are free from the coronavirus. The UK is the latest country to test… Read More »UK trials digital ‘health passport’ to help borders reopen
Global healthcare funding set a new record in the third quarter, according to data from CBInsights. Healthcare companies raised a total of $21.8 billion across 1,539 deals.
What You Should Know: – 65% of patients say they will wait to receive the forthcoming COVID-19 vaccine even if it becomes available before the end, according to a new Medisafe survey. – Consumers cited greater trust in Dr. Anthony Fauci and established protocols as… Read More »Consumers Cite Trump as Leading Driver of COVID-19 Vaccine Skepticism
98point6 App What You Should Know: – On-demand text-based primary care platform 98point6 raises $118M in Series E funding to further invest in research and development and expand its robust medical practice. – 98point6 offers patients easy access to primary care in the same way… Read More »98point6 Lands $118M to Expand Text-Based Primary Care Platform
What You Should Know: – AI-driven virtual care company, GYANT, has announced its first-to-market COVID-19 vaccine care navigation tool to help health systems anticipate novel patient needs. – GYANT Vaccine deploys as a white-labeled virtual assistant on provider websites, mobile apps, and patient portals, managing… Read More »GYANT Develops First-to-Market COVID-19 Vaccine Care Navigation Tool
The startup, which has seen its user base more than triple in the last year, plans to use the funds to further build out its platform.
What You Should Know: – FUJIFILM Medical Systems U.S.A., Inc. and Volpara Solutions announced the extension of their partnership to provide mammography facilities and clinicians with breast imaging solutions designed to improve image quality, streamline workflow and accurately assess a patient’s breast density. – Building… Read More »Fujifilm & Volpara Partner to Help Clinicians Determine Patient Breast Density
What You Should Know: – Nationwide disease registry Corrona has acquired virtual patient community HealthUnlocked, creating a first-in-class patient experience ecosystem. – The acquisition will enable Corrona to expand its broad set of capabilities–ranging from highly granular and longitudinal structured data across eight registries. Corrona,… Read More »Corrona Acquires Virtual Patient Community HealthUnlocked
What You Should Know: – Press Ganey advances the healthcare consumerism movement with acquisitions of Doctor.com and a majority stake in Binary Fountain. – Expanded technology platform enables industry-leading management of providers’ online brand and seamless Web-wide patient acquisition and loyalty strategies. Press Ganey today… Read More »Press Ganey Acquires Doctor.com, Acquires Majority Stake in Binary Fountain
What You Should Know: – UAB Medicine has announced a large-scale, strategic telemedicine partnership with Advanced ICU Care that will encompass the entire health system, one of the top three largest public hospital facilities in the U.S. – The relationship initiates the development of a… Read More »UAB Medicine, Advanced ICU Care to Develop Tele-ICU Care Operations Center
What You Should Know: – AVIA, a healthcare innovation network comprised of 50+ health systems and other healthcare stakeholder groups, today announced that Geisinger, Presbyterian Healthcare Services, and OSF HealthCare have renewed or expanded their partnerships with the organization to accelerate digital transformation within their… Read More »Geisinger, OSF, Presbyterian Double Down on Digital Transformation with AVIA
The companies made their first cross-sale to Guidewell Health, the parent company of Florida Blue. Livongo’s diabetes platform will become available to 50,000 of the insurer’s members.
The Palo Alto-based startup provides tools to support family caregivers, and uses predictive analytics to help them develop personalized action plans.
It’s important to leverage patient engagement tools to get in front of patients early in the season, reminding them to get their flu shot and educating them on the potential symptoms of both the seasonal flu and Covid-19
Cleveland Clinic’s top clinicians and researchers present the top 10 medical innovations transforming medical advancements and new awards to recognize healthcare innovation. The list of breakthrough technologies was selected by a committee of Cleveland Clinic subject matter experts, led by Will Morris, M.D., executive medical… Read More »Cleveland Clinic Names Top 10 Medical Innovations For 2021
Today, Apple announced the Health Records feature within the Health app is now available for users in the UK and Canada to securely view and store their medical records right on their iPhone, with their privacy protected at all times. Oxford University Hospitals and Women’s… Read More »Apple Rolls Out Health Records on iPhone to the UK, Canada
What You Should Know: – Butterfly Network launched its next-gen ultrasound product, the new Butterfly iQ+ featuring the world’s only Ultrasound-on Chip™ technology and announced a landmark collaboration with the American College of Cardiology (ACC). Butterfly Network, Inc., today announced the launch of its next-gen ultrasound… Read More »Butterfly Network Launches Mobile, Whole-Body Ultrasound with Integrated Telehealth Platform
What You Should Know: – Virta is expanding its suite of treatment options to include prediabetes reversal, obesity reversal, and type 2 diabetes management. – By making this crucial expansion, Virta can scale its treatment to support the tens of millions of additional patients with… Read More »Virta Expands Offerings to Treat New Group of Chronic Illnesses
What You Should Know: – Intermountain Healthcare collaborates with Vynca, a national leader in advance care planning solutions to prioritize and digitize advance care planning. – The collaboration enables integrated digital completion workflows and establishes a single, centralized source of truth with built-in error prevention – enabling the Intermountain Healthcare team to honor patients’ end-of-life wishes, avoid unwanted healthcare utilization… Read More »Intermountain, Vynca Partner to Prioritize and Digitize Advance Care Planning
AireHealth, which makes portable nebulizers for patients with respiratory conditions, plans to launch its first connected product next year.
What You Should Know: – Augmedix closes $25 million in private placement funding and completion of a reverse merger transaction with Malo Holdings Corp. – Following the transaction, the merged entity will be named “Augmedix, Inc.”, and will continue the historic and innovative business of… Read More »Remote Medical Documentation Startup Augmedix Closes $25M, Reverse Merger with Malo Holding
What You Should Know: – Intermountain Healthcare announced it will scale Notable’s AI-driven platform across the health system’s clinically integrated network to support thousands of providers, automate administrative workflows, streamline the check-in experience for patients, and simplify provider follow-up. – The Notable Platform uses intelligent… Read More »Intermountain to Deploy AI-Powered Digital Assistants Across Clinically Integrated Network
What You Should Know: – Amazon Web Services (AWS) and the Pittsburgh Health Data Alliance (PHDA) announce a collaboration to produce more accurate machine learning models for breast cancer screening and depression. – In work funded through the PHDA-AWS collaboration, a research team led by… Read More »AWS, PHDA Collaborate to Develop Breast Cancer Screening and Depression Machine Learning Models
Digital healthcare means using communications and information technologies in medicine to diagnose, predict, treat, and monitor diseases. It is also widely used for prognosis, rehabilitation, behavioral health, and public health. Indians have witnessed a surge of smartphone and internet use since the last decade. This… Read More »ViewPoints Article: Digital Healthcare in India – Current Trends & Future
What You Should Know: – NVIDIA and Massachusetts General Brigham Hospital researchers develop an AI model that determines whether a person showing up in the emergency room with COVID-19 symptoms will need supplemental oxygen hours or even days after an initial exam. – The ultimate… Read More »NVIDIA Develops AI Model to Accurately Predict Oxygen Needs for COVID-19 Patients
Victor Siclovan, Director of Medicaid Transformation Project at AVIA Living through a pandemic is stressful and anxiety-inducing. Stay-at-home measures are compounding this stress, resulting in social isolation and unprecedented economic hardship, including mass layoffs and loss of health coverage. Fully understanding the impact of these… Read More »Digital Behavioral Health: Addressing The COVID-19 Behavioral Health Crisis
Chance Scott, a Director in life sciences at Guidehouse, talks about some of the challenges digital health innovators face, from reimbursement by private plans to the future of reimbursement for other telehealth tools and digital therapeutics.
Digital health firm Your.MD has secured $30 million in a Series A round investment led by the consumer health giant Reckitt Benckiser (RB). Your.MD is the company behind the medical-grade, augmented intelligence self-care app Healthily, and will use the funding to accelerate the platform through… Read More »Your.MD secures $30m to expand self-care app Healthily
Telehealth Update from ATA President Dr. Joe Kvedar Joe Kvedar, MD, President of ATA, joins Pat Salber, MD, CEO and Editor of The Doctor Weighs In, for an in-depth telehealth update. The Doctor Weighs In
What You Should Know: – NIH awards funding for Rare and Atypical Diabetes Network, or RADIANT that will seek to discover the cause of several unusual forms of diabetes. – RADIANT plans to screen about 2,000 people with unknown or atypical forms of diabetes that… Read More »NIH Funds First Nationwide Rare and Atypical Diabetes Network
What You Should Know: – Nebula Genomics announces integration with Oasis Labs to give its customers full ownership and control of the data received from their comprehensive genome sequencing tests. – Through Oasis Labs’ unique privacy solution Parcel, Nebula’s users will be able to retain… Read More »Nebula Gives Users Ownership Of Their Personal Genomic Data with Oasis Integration
What You Should Know: – physIQ has been selected by the National Institute of Health (NIH) to develop an innovative AI-based COVID-19 digital biomarker solution to address the COVID-19 pandemic. – Early detection of COVID-19 decompensation in patients is complicated by infrequent and non-specific clinical… Read More »NIH Taps PhysIQ to Develop AI-Based COVID-19 Digital Biomarker
What You Should Know: – Tyto Care and Amwell® announced an expanded partnership, allowing the companies to develop new integrations to enhance virtual care offerings for providers. – By pairing Tyto Care’s TytoHome device and platform with Amwell’s platform, the two companies will together provide patients and providers with augmented virtual care… Read More »Amwell, Tyto Care Expand Partnership to Power Augmented Virtual Care Experiences
Renee Yao, Global Healthcare AI Startups Lead at NVIDIA COVID-19 has put a tremendous burden on hospitals, and the clinicians, nurses, and medical staff who make them run. Many hospitals have suffered financially as they did not anticipate the severity of the disease. The extended… Read More »4 Areas Driving AI Adoption in Hospital Operations and Patient Safety
What You Should Know: – Anthem extends the use of doc.ai’s platform and portfolio of privacy-first technologies and artificial intelligence software services to drive the personalization of Anthem’s digital assets and create improved value for users. – doc.ai’s product offerings are deployed on its cloud-agnostic… Read More »Anthem Expands Relationship with doc.ai to Power Digital Health Offerings
Plume provides access to telehealth consultations for patients seeking gender-affirming hormone therapy. Recently, the startup began partnering with employers to offer its services as a benefit.
The INVEST Digital Health Virtual conference Pitch Perfect competition, from September 21-25, had some intense competition between the healthcare startup participants. Thanks to all the entrepreneurs, judges and sponsors who took part.
GoodRx, a digital health startup that helps users track prescription drug prices, filed for an IPO on Friday. The company hasn’t yet priced its shares, but plans to be listed on Nasdaq as “GDRX.”
What You Should Know: – Mental health benefits provider Lyra Health raises $110M in Series D funding, bringing its valuation to $1.1 billion. – Lyra has grown significantly in 2020. So far this year, the company has added more than 800,000 new members to the… Read More »Lyra Health Reaches $1.1B Valuation After $110M Series D to Meet Demand for Teletherapy
What You Should Know: – Sonde Health acquires NeuroLex Laboratories, Inc. to forms one of the world’s preeminent biobanks focused on vocal biomarkers. – NeuroLex’s core product, SurveyLex, makes it easy to create and distribute voice surveys in less than a minute as URL links… Read More »Sonde Health Acquires NeuroLex Lab’s Voice-Based Survey Platform
Bayer has taken a further stake in New York-based One Drop to support its plans to become a digital health business by developing new integrated care services for patients. The German pharmaceutical company will work with One Drop on digital health products that span multiple… Read More »Bayer strikes $98m deal with digital health firm One Drop
What You Should Know: – How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of… Read More »Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH
What You Should Know: – Trellus Health secures $5M in seed funding and collaborates with Mount Sinai to deliver resilience-driven, connected care, integrating expert clinical and behavioral health for better outcomes. – The first disease Trellus will tackle is IBD, which is one of the… Read More »Led by Mount Sinai, Trellus Health Nabs $5M for Precision Platform for Complex Chronic Conditions
David Keene looks at the difficulties faced in treating mental health patients and how digital technologies are changing the game. In 1919 a young Dwight Eisenhower participated in a cross-country road trip to deliver tanks from Fort Meade in Maryland to San Francisco. Most of… Read More »Why the next blockbuster in mental health might be a video game
What You Should Know: – Genesis Health System has signed a partnership agreement with Bright.md to offer patients in the Quad Cities of Iowa and Illinois access to its Bright.md’s SmartExam solution. – The new virtual care offering offers an affordable way to get care… Read More »Genesis Health Taps Bright.md to Power New Telehealth Offering
Amy Oughton, Founder, and CEO Dream in Color Seniors have the lowest reported usage of telehealth of any age group. As many healthcare providers are increasing the use of telehealth, especially in response to the COVID-19 pandemic, the implementation of new tools and technologies could… Read More »9 Ways UX/UI Design Can Improve Digital Health Adoption for Seniors
What You Should Know: – Bridge Connector raises $25.5 million in Series B funding to advance interoperability layer for healthcare organizations as demand for integrated health data intensifies during COVID-19 pandemic. – The investment will support the growth of Destinations, the company’s new integration-platform-as-a-service (iPaaS)… Read More »Bridge Connector Lands $25.5M to Expand Healthcare Integration Platform
Jim Momtazee, Managing Partner at Patient Square Capital What You Should Know: – Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare. – Patient Square will partner with best-in-class management… Read More »Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital
Innovation in digital health at hospitals, in the face of Covid-19, and across digital health startups will be the highlights of the conference coming up September 21-25. Register now to get a $100 discount using the code MCN100.
XRHealth appoints Deepa Javeri as CFO and is significantly expanding their US headquarters. XRHealth, a Boston, MA-based provider of extended reality therapeutic applications and XR telehealth services, today announced Deepa Javeri – a seasoned, global financial expert and executive – has been named Chief Financial Officer effective immediately. Javeri’s… Read More »XRHealth Appoints Deepa Javeri as Chief Financial Officer
What You Should Know: – Memorial Health System selects LifeLink Conversational AI technology to virtualize the waiting room experience for patients – Mobile chatbots to automate intake for telehealth and in-person visits, while maintaining COVID-19 social distancing and safety protocols. Memorial Health System , a community-based, not-for-profit… Read More »Memorial Health Deploys Chatbots to Virtualize Waiting Room Experience
What You Should Know: – Direct-to-consumer telehealth company Thirty Madison raises $47M in Series B round from Johnson & Johnson and Polaris Partners. – Thirty Madison’s three portfolio brands — Keeps, Cove, and Evens — enables patients to easily access specialist-level care combined with the convenience of telemedicine and treatment delivery. Thirty… Read More »Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands
What You Should Know: – CancerIQ raises $5M in Series A funding led by HealthXVentures to accelerate the growth of its genetic cancer risk assessment platform to identify and manage patients at high risk of cancer. – CancerIQ’s technology enables hospitals to use genomics to… Read More »CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform
Check out news from healthcare startups including Bind, Reify Health, Bodyport and more.
The Chicago-based startup company plans to use the funding to further growth of its product offering and integration with EHRs and genetic testing partners.
What You Should Know: – Philips today announced the launch of its Rapid Equipment Deployment Kits, which provide doctors with critical care patient monitoring solutions they can quickly implement in the ICU. The Rapid Equipment Deployment Kits use advanced patient monitoring technology to enable care teams… Read More »To Combat COVID-19, Philips Launches Rapid Equipment Deployment Kits
The MedCity INVEST Digital Health Virtual event, Sep 21-25 will spotlight healthcare startups in four categories. The application deadline is coming up quick: Friday, August 21 at 5pm ET! Read more to find out how to apply.
Lumeon, a startup building a platform to make virtual care delivery more reliable, raised $30 million. Optum Ventures and Endeavour Vision led the funding round.
What You Should Know: – Eden Health raises $25M to give employers and commercial real estate owners and operators the ability to offer medical care on-site, near-site, and virtually. – Eden’s membership model makes high-quality healthcare an affordable benefit for the average employer, with low… Read More »Eden Health Lands $25M to Bring On-Site and Virtual Care To Employers, Commercial Real-Estate
What You Should Know: – Today, Allergy Amulet announces $3.3M in seed funding to launch the world’s smallest and fastest consumer food allergen sensor and empower the allergy community by alleviating fears about what’s in their food. – Allergy Amulet’s novel technology can improve the… Read More »Allergy Amulet Nabs $3.3M To Launch World’s Smallest, Fastest Consumer Food Allergen Sensor
A new digital therapy is aiming to tackle depression during the COVID-19 pandemic, using a brain stimulation headset and therapy app that claims to have similar beneficial effects to drugs but with fewer side-effects. Flow is the first drug-free at-home treatment of its type to… Read More »Digital depression therapy offers hope during COVID-19 pandemic
Mitzi Amon, Director of Healthcare Marketing at Vertiv If you’ve been to a big-brand grocery or department store recently, you probably noticed some form of healthcare outlet – or maybe you didn’t. These in-store pharmacies and clinics have become so omnipresent, right there next to… Read More »Envisioning a 5G-Powered Retail-Healthcare Hub
A fellowship programme is looking for digital pioneers to design and lead service transformation projects in England’s NHS as the COVID-19 pandemic continues. DigitalHealth.London opens applications to its Digital Pioneer Fellowship programme, supporting change makers employed by NHS organisations in London to design and lead… Read More »NHS looks for digital pioneers to reshape services during pandemic
What You Should Know: – Today, Medtronic announced that it will acquire Companion Medical, the manufacturer of InPen, a smart insulin pen system paired with an integrated diabetes management app. – The addition of Companion’s InPen system builds upon Medtronic’s strategic acquisitions of Nutrino and Klue to further… Read More »Medtronic Acquires Smart Insulin Pen Company Companion Medical
What You Should Know: The FDA and Syapse announce research collaboration expansion to address urgent public health challenges including supporting FDA’s goal of rapid understanding of COVID-19. As part of the research, Syapse is partnering with FDA’s Oncology Center of Excellence to investigate methods to… Read More »FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer
What You Should Know: – Philips announced the launch of Virtual Care Station, a telehealth environment delivering virtual care services to patients in convenient neighborhood locations, such as retail settings, libraries, town halls and universities. – Using proven Philips technology developed for the ATLAS program… Read More »Philips Launches Virtual Care Station to Deliver Personalized Telehealth
Bodyport, a startup developing a scale intended to detect early signs of cardiovascular disease, raised $11.2 million in series A funding. The San Francisco-based company also struck a partnership with Brigham and Women’s Hospital.
Telemedicine and video-conferencing are helping to bridge the gap in access to care during the COVID-19 pandemic. These approaches, however, only work if patients have access to the technology needed to engage in telemedicine or videoconference visits. A paper by Roberts and Mehrota (2020) uses… Read More »Quantifying the digital divide
Xealth, a company whose platform makes it easy to prescribe digital health tools and integrate them with patients’ health records, struck a partnership with Cerner. Both Cerner and LRVHealth invested $6 million into the startup.
The conference coming up September 21-25 will highlight innovation in digital health at hospitals, in the face of Covid-19, and across digital health startups. Register now to get a $100 discount using the code MCN100.
What You Should Know: – DreaMed Diabetes, the developer of personalized, AI-based diabetes management solutions, will participate in a clinical study, led by Jaeb Center for Health Research Foundation, to evaluate the efficacy of virtual treatment for diabetes patients. The research is funded by a… Read More »$5M Research Grant Launches to Evaluate Efficacy of Virtual Diabetes Care
What You Should Know: – Salesforce and CVS Health announced a strategic relationship to help organizations, including employers and universities, return critical populations to the workplace or campus. With this new joint offering, which combines Salesforce Work.com capabilities with CVS Health’s Return Ready, worksite and campus locations will be able to provide complementary services… Read More »Salesforce, CVS Health Integrates COVID-19 Return to Work and Campus Solutions
What You Should Know: – Verisk launches its new EHR Triage Engine, a tool that uses data from consumer-authorized electronic health records (EHRs) to help life insurers fast-track many applications for coverage. – The EHR Triage Engine bypasses manual workflows, leveraging advanced predictive analytics and… Read More »Verisk Launches EHR Triage Engine to Help Speed Approval of Life Insurance Apps
INVEST Pitch Perfect winner spotlight: Atentiv’s digital therapeutic for ADHD isn’t just fun and games
Judges picked Atentiv as the winner of the __ for MedCity Invest’s virtual conference. The Boston-based startup is building a game to improve attention in kids with ADHD.
Ginger, a startup that provides mental health coaching services to its members, raised $50 million in series D funding.
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020. While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of… Read More »Analysis: July Health IT M&A Activity; Public Company Performance
What You Should Know: – Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. – Deal expected to close in 1H 2021. – Varian Medical will maintain its brand name and operate “independently” – Siemens AG will… Read More »M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical
Health technology firms Cerner and LRVHealth have invested $6 million in Xealth to scale up its business offering digital health tools to patients and clinicians. The companies said the new relationship aims to give patients control over their own digital data so they can be… Read More »Cerner and LRVHealth invest $6m in digital health firm Xealth
What You Should Know: – TransUnion, in partnership with CLX Health, a joint venture from UST Global and SiriusIQ, announced the launch of HealthyAmerica, a technology solution that will give individuals the power to securely share their COVID-19 testing results while maintaining their individual privacy – helping… Read More »New Tech Solution Lets People Securely Share COVID-19 Testing Results
Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost
What You Should Know: – Blue Shield of CA and kidney care provider Cricket Health announced a partnership to offer a personalized, virtual, multidisciplinary care available for members with kidney disease or kidney failure at no extra cost – By offering remote care, via phone… Read More »Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost
What You Should Know: – Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. – Company has more than tripled revenue… Read More »Ginger Lands $50M to Expand On-Demand Mental Health Support Platform
What You Should Know: – Cerner and Xealth announce a collaboration to foster tighter physician-patient relationships by giving patients easier access to digital health tools. – These assets will be prescribed directly within the physician’s EHR workflow to manage conditions including chronic diseases, behavioral health,… Read More »Cerner Invests in Xealth to Jointly Develop Digital Health Solutions for Clinicians
When aiming to reach the people who will benefit most from a given medication or therapy, patients who play an active role in treatment decisions are often at the forefront of the conversation. But what does playing an active role in treatment really mean? While… Read More »Playing an Active Role in Treatment Yields More Confidence in Patients
AstraZeneca Collaborates with Eko to Advance the Digital Health Tools for the Diagnosis of CV Diseases
Shots: The two companies collaborated to facilitate the development of digital health tools for the earlier screening of cardiovascular diseases, including HF AstraZeneca and Eko will accelerate the development of Eko algorithms, enhancing clinical trials with Eko technology, and potentially building new HF detection solutions.… Read More »AstraZeneca Collaborates with Eko to Advance the Digital Health Tools for the Diagnosis of CV Diseases
The two fast-growing digital health companies struck a merger agreement on Wednesday. Teladoc will acquire Livongo in a deal that would value the startup at a whopping $18.5 billion.
Teladoc will acquire digital health company Livongo for $18.5 billion. The deal would combine one of the largest telehealth companies with a platform for managing an array of chronic conditions, including diabetes and heart disease.
What You Should Know: – Teladoc Health to merge with Livongo for $18.5B in cash and stock to create a powerhouse leader in consumer-centered virtual care. – Teladoc Health shareholders will own approximately 58 percent and existing Livongo shareholders will own approximately 42 percent of… Read More »Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know
SMi Reports: Due to the ongoing challenges surrounding COVID-19 and large public gatherings, September’s Pre-filled Syringes San Francisco conference will now run as a virtual event. With the continued uncertainty surrounding large gatherings in the UK, SMi Group have made the decision to turn the… Read More »Pre-filled Syringes San Francisco will now take place as a Virtual Conference
The MedCity INVEST Digital Health Virtual event, Sep 21-25 will spotlight healthcare startups in four categories. The application deadline is August 14 at 5pm ET.
Max Mancini, CTO at Collective Health What You Should Know: – Collective Health appoints Max Mancini as its new Chief Technology Officer. – Mancini, who previously held senior roles at Apple and eBay, will lead the company’s exceptional engineering team- overseeing the architecture, design and… Read More »Collective Health Appoints Max Mancini as New Chief Technology Officer
Regulators with the European Commission said they would launch a full investigation of Google’s proposed acquisition of Fitbit. The deal has drawn close scrutiny from regulators who worry about the amount of data Google would be able to access.
What You Should Know: – Eko today announced a global collaboration with AstraZeneca to accelerate the development of digital health tools for the earlier screening of cardiovascular diseases, including heart failure. – Through the collaboration, AstraZeneca and Eko will explore accelerating the development of Eko… Read More »AstraZeneca, Eko Collaborate to Advance Innovation Around Heart Failure
What You Should Know: – Today, Talis Biomedical Corporation announced it has been awarded a $25M contract from the National Institutes of Health (NIH) as part of Phase 2 of its Rapid Acceleration of Diagnostics (RADx) initiative as well as another $100 million in additional… Read More »Talis Awarded $25M NIH Contract for Point-of-Care COVID-19 Testing
What You Should Know: – Hinge Health announces the expansion of its digital MSK clinical capabilities to be the first Digital Musculoskeletal Clinic from prevention to post-surgery care. – Nearly 200 employers expand healthcare access with digital clinic covering the full MSK care continuum; Hinge… Read More »Hinge Health Expands Capabilities to Launch First Digital Musculoskeletal Clinic
SMi Reports: new speaker session with Paul Roussel, Senior Director, Combination Products, at the Pre-filled Syringes East Coast 2020 conference I am pleased to inform you that Paul Roussel, Senior Director, Combination Products, Kiniksa Pharmaceuticals, has confirmed his position as speaker at the conference. Paul’s… Read More »New speaker session with Kiniksa Pharmaceuticals at Pre-filled Syringes East Coast 2020
GoodRx, a startup that makes tools for comparing the price of prescription drugs, is looking to go public, according to a report by Reuters. The company reportedly submitted paperwork to the Securities and Exchange Commission.
Patient engagement platform Luma Health was designed to help patients schedule appointment with the doctor without having to wait months. With Covid-19, the startup’s vision has expanded.
– Lemonaid Health, a direct to consumer telehealth company raises $33M in Series B funding to expand the company’s medical team and number of services being offered to patients. – To date, the company has treated more than a million patients online for a variety… Read More »Lemonaid Health Raises $33M to Expand On-Demand Consumer Telehealth Platform
Mount Sinai spinoff launches virtual trial network with the American Gastroenterological Association
Rx.Health, a Mount Sinai spinoff that stitches together digital healthcare tools, struck a partnership with the American Gastroenterological Association to create a virtual trial network. The company hopes to expand the toolkit to other patient registries in the future.
Read about new developments and milestones in the journey of healthcare startups from Truvian Sciences, NeuroFlow and more.
From this summer’s vantage point 2019 seems like it was at least a decade ago, such is the trainwreck that is 2020. But for pharma’s digital transformation, these last few months could well have amounted to 10 years’ worth of progress. Pharmaceutical sales, marketing, and… Read More »The acceleration of pharma’s digital transformation
CVS Caremark added five new companies to its Point Solution Management Service, which it launched last year to make it easier for businesses to implement digital health tools. CVS Caremark CMO Sree Chaguturu shared more about the PBM’s plans for digital health.
What You Should Know: – Philips receives 510(k) clearance from the FDA for its pre-hospital wireless monitoring solution (Tempus LS- Manual), now offering its remote monitor and defibrillator solution (Tempus ALS) to EMS customers in the U.S. – Solution delivers real-time bidirectional data transfer for… Read More »Philips Launches Pre-Hospital Wireless Monitoring Solution for Emergency Medical Response
What You Should Know: – Ciox Health has acquired Medal, Inc., a biomedical Natural Language Processing (biomed-NLP) technology company. – The acquisition will lead Ciox to better and more quickly enable real-world data in support of research that advances patient care. Ciox Health, a leading health… Read More »Ciox Health Acquires Biomedical NLP Company Medal
AI algorithm for detecting prostate cancer shows more than 98% sensitivity, 97% specificity in study
Tel Aviv-based Ibex Medical Analytics published data on what it called the first algorithm to go beyond detection and into areas like tumor grading and sizing.
After Withings co-founder Eric Carreel bought the connected device company back from Nokia two years ago, the company has charted a more clinical course. With $60 million in new funding, Withings plans to build out a remote monitoring program for its medical devices.
What You Should Know: – Sharecare acquires WhiteHatAI to provide health plan and provider clients with additional capabilities to ensure healthcare payment integrity – WhiteHatAI’s ability to detect erroneous claims before they are paid will help Sharecare’s health plan partners reduce costs associated with FWA.… Read More »Sharecare Acquires WhiteHatAI to Enhance Healthcare Payment Integrity
Ro, a startup offering patients mail-order prescriptions and telehealth appointments, raised $200 million in funding. The company started three years ago with men’s health and wellness products, before expanding its business.
What You Should Know: – A new Accenture report called “Breakthrough Behavioral Health Access: Think Virtual” finds that the use of virtual behavioral health could expand care for more than 53 million Americans facing these conditions. – Demand for behavioral health specialists significantly outweighs current… Read More »Virtual Behavioral Health Could Reduce Costs, Improve Patient Outcomes, Report Finds
A digital platform allowing clinicians to remotely monitor cancer patients’ health in real time has been launched in the UK. Already available on iOS with an Android version in the works, Careology Professional aims to give healthcare professionals a view of their patients’ health status… Read More »Careology launches digital platform to monitor cancer patient’s health
What You Should Know: – The Middle East’s largest hospital, Sheba Medical Center in Israel, just launched a breakthrough rapid COVID-19 detection test pilot program that enhances virus detection spectral technology and adapts it into rapid coronavirus testing. – The innovative process uses an artificial… Read More »Israeli Hospital Launches Rapid COVID-19 Detection Tests Pilot Program
What You Should Know: – Caption Health AI is awarded FDA 510(k) clearance for its innovative point-of-care ejection fraction evaluation. – Latest AI ultrasound tool makes it even easier to automatically assess ejection fraction, a key indicator of cardiac function, at the bedside–including on the… Read More »Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation
What You Should Know: – Current Health has partnered with Dexcom to add continuous glucose monitoring (CGM) capabilities to its remote patient monitoring (RPM) platform – enhancing care and improving outcomes for diabetics. – Dexcom CGM data will transmit directly into the Current Health wearable… Read More »Current Health, Dexcom Partner to Deliver Continuous, Remote Glucose Monitoring
What You Should Know: – Magellan Health launches a pilot program for a group of providers that will begin using video games as therapy for children with autism and other behavioral health conditions. – As part of the pilot program, patients will be given access… Read More »Provider Pilot Uses Video Games as Therapy for Children with Autism
What You Should Know: – The National Institutes of Health (NIH) has granted next-generation cardiac AI company Eko an award totaling $2.7 million to support continued collaborative work with Northwestern Medicine Bluhm Cardiovascular Institute – The grant will focus on validating algorithms and help more… Read More »Eko Awarded $2.7M NIH Grant for Heart Murmur & Valvular Heart Disease Detection Algorithms
Muthu Alagappan, MD, Medical Director at Notable Health The COVID-19 pandemic has caused an unprecedented shift in the way consumers view and access a variety of goods and services—and healthcare is no exception. Recent studies show that many patients, including vulnerable populations like those living with cancer, are delaying recommended care and… Read More »Virtually or In-Person, Automation Improves The Healthcare Experience
Executives with Kaiser Permanente, Houston Methodist, Providence St. Joseph Health and Highmark Health shared their thoughts on the future of digital health and how they used technology to care for their patients at the start of the Covid-19 pandemic.
Kaia Health, a startup making an app to help users manage back pain, touted the results of a large, randomized controlled trial using its app. The company currently markets its system to employers, but hopes to make it available as a covered benefit in the… Read More »Digital health startup Kaia hopes to win over insurers with results of back pain study
What You Should Know: – FUJIFILM Sonosite, Inc. launches its next-generation point-of-care (POCUS) ultrasound system – designed specifically for the clinicians on the front lines of medicine to treat patients more effectively. – The product is expected to commercialize in the US, Australia and New… Read More »Fujifilm Sonosite Unveils Next-Gen Point-of-Care Ultrasound System for Frontline Clinicians
What You Should Know: – Israel’s Sheba Medical Center launches “Mega Lab” solution that improves patient care through lab technology advances that expedite lab test results and decrease human error. – The “Mega Lab” simultaneously processes routine as well as urgent tests, under world regulatory… Read More »Israeli Hospital Launches Innovative “Mega Lab” to Improve Lab Results & Patient Care
Ernie Ianace, EVP Sales and Marketing at VitalTech “The numbers don’t lie,” is a famous old adage and quite appropriate with regard to the rapid rise and deployment of telehealth solutions in the medical community. It may have taken a global pandemic for society to… Read More »Telehealth’s Time Has Come. And It’s Here to Stay.
The COVID-19 crisis has accelerated the shift to a more resilient, agile and innovative digitally-enabled world within healthcare and pharma. But the best companies are going further – by enhancing and expanding their digital channels they are using this as an opportunity for enduring change.… Read More »The enduring innovation and behaviour changes from COVID-19
At MedCity INVEST, Mass General Brigham Chief Information Officer Chris Coburn shared how the health system prepared itself for Covid-19 by scaling up its digital operations.
DarioHealth, Williams Medical Partner to Expand Digital Therapeutics Platform Across the UK and Ireland
What You Should Know: – Dario Health enters strategic partnership with Williams Medical marking its expansion into the UK remote patient monitoring market across the UK and Ireland. – Williams Medical is the leading provider of medical goods and services to primary care in the… Read More »DarioHealth, Williams Medical Partner to Expand Digital Therapeutics Platform Across the UK and Ireland
What You Should Know: – Sharecare launches its offering for employers: [email protected], a virtual solution for COVID-19 that’s integrated with its app-based digital health platform for managing consumer health and well-being. – The offering is designed for employers – organizations of any kind – to support… Read More »Sharecare Launches Digital COVID-19 Return-to-Work Solution for Employers
What You Should Know: – 40 percent of the global disease burden could be addressed with known interventions, but that leaves 60 percent unaddressed. – As part of the recent McKinsey report Prioritizing health: A prescription for prosperity, the McKinsey Global Institute identified ten promising… Read More »10 Healthcare Innovations That Can Reduce Total Disease Burden 6-10% by 2040
Months into the Covid-19 pandemic, the pace of new investments for startups has picked back up. Five VCs shared what’s changed and how they’re working in the midst of the crisis.
SMi Reports: Featured Speakers listed for SMi Group’s 2nd annual Wearable Injectors and Connected Devices Conference taking place in October. The global wearable devices market size is expected to reach a value of $62.82 billion USD by 2025 with time dependent delivery, improved patient experience… Read More »Featured speakers for 2nd annual Wearable Injectors and Connected Devices Conference
Centene will expand its partnership with behavioral health startup Quartet Health to 32 states. The insurer became an investor in Quartet last year.
SMi Reports: ‘Developing custom syringes for highly viscous formulations’ one of the many topics to be presented at the inaugural Pre-filled Syringes San Francisco Conference on September 14 and 15. SMi Group is holding the inaugural Pre-filled Syringes San Francisco virtual conference, taking place on… Read More »Developing custom syringes for highly viscous formulations discussed at PFS San Francisco
What You Should Know: – Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue,… Read More »Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery
What You Should Know: – Mayo Clinic in Rochester, MN performed the first-ever shoulder arthroplasty procedure using Wright Medical’s groundbreaking BLUPRINT Mixed Reality Technology, which provides surgeons a 3-D holographic view of the patient’s pre-operative plan. – The Mixed Reality Application is the latest addition to Wright’s BLUEPRINT ecosystem and enables… Read More »Mayo Clinic Performs First Shoulder Arthroplasty Procedure Using Mixed Reality
Healthcare Growth Partners, an Investment Banking and Strategic Advisory firm exclusively focused on the transformational health IT market, today announced the release of its Semi-Annual Health IT Market Review report that summarizes M&A and private equity activity across health IT, health information services, and digital health.… Read More »HGP Semi-Annual Health IT Market Review: 6 Key Trends to Know
What You Should Know: – Same day pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand into new U.S. territories and accelerate its technology roadmap, transforming the way consumers get their prescriptions. – NowRx’s competitive advantage is its proprietary pharmacy management system, which leverages AI… Read More »Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories
Medly, a New York-based digital pharmacy startup that offers same-day prescription delivery, raised $100 million in a series B round.
What You Should Know: – Wake Forest Baptist Health will establish a hospital drone delivery network to carry patient-specific time- and temperature-sensitive medicines and PPE for medical professionals treating COVID-19. – In partnership with Matternet and UPSFF today started operating on two routes from one… Read More »Wake Forest Baptist Health Launches Drone Delivery for Medicines, PPE for COVID-19
What You Should Know: – GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement. – The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential… Read More »GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagements
What You Should Know: – Medly Pharmacy raises $100M investment co-led by Volition Capital and Greycroft to propel Medly’s leadership in the $500B+ digital on-demand pharmacy market. – Medly will use the funding to expand its digital on-demand pharmacy platform, enter new markets, and provide… Read More »Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform
What You Should Know: – Fenway Health has been selected as the pilot site to participate in the Advancing Standards for Precision Medicine (ASPM) project. – The ASPM project is focused on how healthcare providers can systematically identify the socio-economic factors that may impact the… Read More »HHS Taps Fenway Health as Pilot Site for Precision Medicine Project
The company is rolling out Level2, a digital health program for patients with type 2 diabetes. It uses wearable devices and coaches to help users manage their health.
What You Should Know: – Paige secures an additional $15M from Goldman Sachs for a total Series B funding round of $70M for its AI-native digital pathology ecosystem. – The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment.… Read More »Paige Lands Additional $15M for AI-Native Digital Pathology Ecosystem
What You Should Know: – The COVID-19 crisis has significantly impacted the patient care paradigm, and the ripple effects have altered patient behaviors and expectations, requiring a significant change in how life sciences companies engage with and support patients – Accenture surveyed 2700 patients about… Read More »COVID-19 Has Permanently Shifted Patient Behavior Towards Virtual Care
What You Should Know: – Repurpose.AI, has partnered with Scripps Research to discover drug candidates that may be repurposed to treat COVID-19. – The partnership will leverage Repurpose.AI’s ActivPred AI Drug Discovery Platform, an unbiased drug, target, and disease agnostic digital chemistry engine, to discover… Read More »Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics
What You Should Know: – CVS introduced Spoken Rx™, a new feature of the CVS Pharmacy app that can read important prescription information out loud. It is vitally important for patient safety and adherence that prescription labels are clear and visible, but for patients with visual impairments… Read More »New CVS Pharmacy App Feature Can Read Prescription Labels Out Loud for Visually Impaired
What You Should Know: – Philips integrates the BioIntelliSense FDA-cleared BioSticker™ sensor as part of its remote patient monitoring solutions for patients outside the hospital. – Multi-parameter sensors aid monitoring across multiple chronic conditions with medical-grade vital signs for physicians to remotely track core symptoms,… Read More »Philips and BioIntelliSense Integrate to Enhance Remote Patient Monitoring
Propeller Health and Novartis received the green light from European regulators to package their products together. The move is one step of many to make digital therapeutics easier to prescribe.
What You Should Know: – Propeller Health announced it will co-package a new asthma medication from Novartis, which was approved by the European Commission this week for use in the EU. – Enerzair® Breezhaler® plus Propeller Health sensor is the first asthma medication to be… Read More »Propeller Health, Novartis Co-Package Asthma Medication in Europe for Prescription
Digital health companies once again set a record for funding in 2020, according to a report by Rock Health. They raised a total of $5.4 billion in the first half of the year.
Whether healthcare organizations are ready or not, the era of virtual care has arrived, with telehealth spearheading the change.
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